President Biden is blaming everyone else for surging inflation

[ConserveGuy]

Why did he set the price at $1.86?

Huh?

 

[candycorn]

Huh?

Why did Trump set the price at $1.86 a gallon?

 

[g5000]

President Biden is blaming everyone else for surging inflation ​

President Biden is blaming everyone else for surging inflation

The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes.

thehill.com

11 Jan 2022 ~~ By James Carter & Jeffery Schmidt
Americans paid more for everything this Christmas, from toys to turkeys. But this “Bah, humbug” reality didn’t start with the Christmas season. Only 1.4 percent when Joe Biden took the presidential oath last January, year-over-year inflation has come in at 5 percent or more for 7 consecutive months. We know inflation is a growing problem because President Biden has repeatedly gone out of his way to shift the blame away from his administration.
Anyone who fills up at a gas pump, for example, knows what a big bite increasing gas prices are taking. President Biden blames higher energy prices on oil and gas producers. As reported in November: “In a letter to FTC chairman Lina Kahn, Biden claimed ‘there is mounting evidence of anti-consumer behavior by oil and gas companies.’”
Having pledged during the campaign to eliminate fossil fuels from our energy future, the president’s hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices. And yet, President Biden won’t fess up about the effect his policies have had on energy prices.
~snip~
As Jennifer Stefano wrote for The Hill on November 23: “None of their [Democrats] tax-and-spend proposals will solve the root causes of price increases and shortages — they will only make them go from bad to worse. If Congress wants to continue devaluing the dollar and making Americans poorer, lawmakers should simply stay the course and do what the White House and Sen. Bernie Sanders (I-Vt.) are calling for — spend trillions of dollars in an already overheated economy.”
The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes. Then again, perhaps Psaki is right, and “people’s psychology” is to blame. (No, not really.)



Commentary:
Real leaders lead. Others blame all others for their faults, mistakes and failures. Our 46th president has proven that he is not and never has been a leader.
Progressive Marxist/DSA Democrat Leftists never accept the responsibility of their failures rather, they always point fingers at their rivals.
When people pay $4.50 at the pump, milk and beef prices double, they look at who in in The White House.
Or, more exactly who is asleep in The White House at noon and never seen on weekends except in their mansion in Delaware or their beach House.
During the year of the 46th president's tenure, each move that he has been made has turned to a self-made disaster for America. From the Keystone Pipeline shutdown, distribution of the Covid vaccines and the testing, to Foreign Policy missteps and disasters in Afghanistan, Iran, China, and now Russia.
Then there's the rampant inflation, Supply chain failure that came to light in November, his latest vaccine mandates that Americans are refusing. and now the 50% reduction in new employment projections.
As the authors have written. Don't look to Biden to accept responsibility for any of his decision in the above projects or situations, each of which have have failed measurably for America and Americans who are his victims.

Low interest rates, QE4ever, and massive stimulus spending by Obama, Trump, and Biden are the cause of inflation.

 

[Doc7505]

Low interest rates, QE4ever, and massive stimulus spending by Obama, Trump, and Biden are the cause of inflation.

~~~~~~
The Fed has already proclaimed that interest rates will soon be rising. Expect the interest rates within one year to rival Carter years rates of 15 to 20%.

Goldman predicts the Fed will hike rates four times this year, more than previously expected

High inflation and near-full employment will push the Fed to raise rates more quickly than expected, according to Goldman Sachs.

www.cnbc.com

"In late 1980 and early 1981, the Fed once again tightened the money supply, allowing the federal funds rate to approach 20%. Subsequently, long-run interest rates continued to rise. This resulted in mortgage rates reaching an all time-high of 18.45% by 1981". --
What was the highest interest rate when Jimmy Carter was president? – Restaurantnorman.com

 

[Lastamender]

Low interest rates, QE4ever, and massive stimulus spending by Obama, Trump, and Biden are the cause of inflation.

Covid stimulus caused the inflation.

 

[Turtlesoup]

~~~~~~
The Fed has already proclaimed that interest rates will soon be rising. Expect the interest rates within one year to rival Carter years rates of 15 to 20%.

Goldman predicts the Fed will hike rates four times this year, more than previously expected

High inflation and near-full employment will push the Fed to raise rates more quickly than expected, according to Goldman Sachs.

www.cnbc.com

"In late 1980 and early 1981, the Fed once again tightened the money supply, allowing the federal funds rate to approach 20%. Subsequently, long-run interest rates continued to rise. This resulted in mortgage rates reaching an all time-high of 18.45% by 1981". --
What was the highest interest rate when Jimmy Carter was president? – Restaurantnorman.com

Atleast CD's will come back maybe as an investment vehicle.......dont know if they will be able to keep up with inflation making the $$ worth less though.

 

[Doc7505]

Biden is shooting to beat the Carter prime rate percentage.

How mortgage rates hit 18.5% — 40 years ago today

Meanwhile, California home prices appreciated 546% since 1981 — as a typical home went from $117,500 to $759,200, by my calculations.

www.ocregister.com

**********​

Why Mortgage Rates Once Reached a Sky-high 18.5%

Imagine paying over 18% interest on a 30-year fixed mortgage. It’s almost unthinkable. But that was the reality for home buyers in October 1981 – a year when the average rate was almost 17%. Unlike today, in the early 1980s, … Continue reading →

finance.yahoo.com

**********​

The Great Inflation of the 1970s

In the 1970s, moves meant to prevent unemployment instead did the opposite, rocketing inflation and creating one of the worst fiscal disasters of the century.

www.investopedia.com

 

[Not a Monkeys Uncle]

President Biden is blaming everyone else for surging inflation ​

President Biden is blaming everyone else for surging inflation

The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes.

thehill.com

11 Jan 2022 ~~ By James Carter & Jeffery Schmidt
Americans paid more for everything this Christmas, from toys to turkeys. But this “Bah, humbug” reality didn’t start with the Christmas season. Only 1.4 percent when Joe Biden took the presidential oath last January, year-over-year inflation has come in at 5 percent or more for 7 consecutive months. We know inflation is a growing problem because President Biden has repeatedly gone out of his way to shift the blame away from his administration.
Anyone who fills up at a gas pump, for example, knows what a big bite increasing gas prices are taking. President Biden blames higher energy prices on oil and gas producers. As reported in November: “In a letter to FTC chairman Lina Kahn, Biden claimed ‘there is mounting evidence of anti-consumer behavior by oil and gas companies.’”
Having pledged during the campaign to eliminate fossil fuels from our energy future, the president’s hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices. And yet, President Biden won’t fess up about the effect his policies have had on energy prices.
~snip~
As Jennifer Stefano wrote for The Hill on November 23: “None of their [Democrats] tax-and-spend proposals will solve the root causes of price increases and shortages — they will only make them go from bad to worse. If Congress wants to continue devaluing the dollar and making Americans poorer, lawmakers should simply stay the course and do what the White House and Sen. Bernie Sanders (I-Vt.) are calling for — spend trillions of dollars in an already overheated economy.”
The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes. Then again, perhaps Psaki is right, and “people’s psychology” is to blame. (No, not really.)



Commentary:
Real leaders lead. Others blame all others for their faults, mistakes and failures. Our 46th president has proven that he is not and never has been a leader.
Progressive Marxist/DSA Democrat Leftists never accept the responsibility of their failures rather, they always point fingers at their rivals.
When people pay $4.50 at the pump, milk and beef prices double, they look at who in in The White House.
Or, more exactly who is asleep in The White House at noon and never seen on weekends except in their mansion in Delaware or their beach House.
During the year of the 46th president's tenure, each move that he has been made has turned to a self-made disaster for America. From the Keystone Pipeline shutdown, distribution of the Covid vaccines and the testing, to Foreign Policy missteps and disasters in Afghanistan, Iran, China, and now Russia.
Then there's the rampant inflation, Supply chain failure that came to light in November, his latest vaccine mandates that Americans are refusing. and now the 50% reduction in new employment projections.
As the authors have written. Don't look to Biden to accept responsibility for any of his decision in the above projects or situations, each of which have have failed measurably for America and Americans who are his victims.

Biden is and always has been a total lying sack of shit

 

[Not a Monkeys Uncle]

President Biden is blaming everyone else for surging inflation ​

President Biden is blaming everyone else for surging inflation

The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes.

thehill.com

11 Jan 2022 ~~ By James Carter & Jeffery Schmidt
Americans paid more for everything this Christmas, from toys to turkeys. But this “Bah, humbug” reality didn’t start with the Christmas season. Only 1.4 percent when Joe Biden took the presidential oath last January, year-over-year inflation has come in at 5 percent or more for 7 consecutive months. We know inflation is a growing problem because President Biden has repeatedly gone out of his way to shift the blame away from his administration.
Anyone who fills up at a gas pump, for example, knows what a big bite increasing gas prices are taking. President Biden blames higher energy prices on oil and gas producers. As reported in November: “In a letter to FTC chairman Lina Kahn, Biden claimed ‘there is mounting evidence of anti-consumer behavior by oil and gas companies.’”
Having pledged during the campaign to eliminate fossil fuels from our energy future, the president’s hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices. And yet, President Biden won’t fess up about the effect his policies have had on energy prices.
~snip~
As Jennifer Stefano wrote for The Hill on November 23: “None of their [Democrats] tax-and-spend proposals will solve the root causes of price increases and shortages — they will only make them go from bad to worse. If Congress wants to continue devaluing the dollar and making Americans poorer, lawmakers should simply stay the course and do what the White House and Sen. Bernie Sanders (I-Vt.) are calling for — spend trillions of dollars in an already overheated economy.”
The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes. Then again, perhaps Psaki is right, and “people’s psychology” is to blame. (No, not really.)



Commentary:
Real leaders lead. Others blame all others for their faults, mistakes and failures. Our 46th president has proven that he is not and never has been a leader.
Progressive Marxist/DSA Democrat Leftists never accept the responsibility of their failures rather, they always point fingers at their rivals.
When people pay $4.50 at the pump, milk and beef prices double, they look at who in in The White House.
Or, more exactly who is asleep in The White House at noon and never seen on weekends except in their mansion in Delaware or their beach House.
During the year of the 46th president's tenure, each move that he has been made has turned to a self-made disaster for America. From the Keystone Pipeline shutdown, distribution of the Covid vaccines and the testing, to Foreign Policy missteps and disasters in Afghanistan, Iran, China, and now Russia.
Then there's the rampant inflation, Supply chain failure that came to light in November, his latest vaccine mandates that Americans are refusing. and now the 50% reduction in new employment projections.
As the authors have written. Don't look to Biden to accept responsibility for any of his decision in the above projects or situations, each of which have have failed measurably for America and Americans who are his victims.

Correct sir. May I borrow this post please?

 

[Not a Monkeys Uncle]

According to Democrats, having 3 million fewer jobs than we had pre-pandemic and the highest inflation rate in 40 years is a Biden Boom

https://twitter.com/JayTThomas17/status/1486740406842892295/photo/1

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

 

[Thoth001]

This is when gov corruption has become so bad that the one in charge blames the people that pay his salary. Nothing new and when corruption gets this bad. Revolving doors, many//

 

[Concerned American]

President Biden is blaming everyone else for surging inflation ​

President Biden is blaming everyone else for surging inflation

The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes.

thehill.com

11 Jan 2022 ~~ By James Carter & Jeffery Schmidt
Americans paid more for everything this Christmas, from toys to turkeys. But this “Bah, humbug” reality didn’t start with the Christmas season. Only 1.4 percent when Joe Biden took the presidential oath last January, year-over-year inflation has come in at 5 percent or more for 7 consecutive months. We know inflation is a growing problem because President Biden has repeatedly gone out of his way to shift the blame away from his administration.
Anyone who fills up at a gas pump, for example, knows what a big bite increasing gas prices are taking. President Biden blames higher energy prices on oil and gas producers. As reported in November: “In a letter to FTC chairman Lina Kahn, Biden claimed ‘there is mounting evidence of anti-consumer behavior by oil and gas companies.’”
Having pledged during the campaign to eliminate fossil fuels from our energy future, the president’s hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices. And yet, President Biden won’t fess up about the effect his policies have had on energy prices.
~snip~
As Jennifer Stefano wrote for The Hill on November 23: “None of their [Democrats] tax-and-spend proposals will solve the root causes of price increases and shortages — they will only make them go from bad to worse. If Congress wants to continue devaluing the dollar and making Americans poorer, lawmakers should simply stay the course and do what the White House and Sen. Bernie Sanders (I-Vt.) are calling for — spend trillions of dollars in an already overheated economy.”
The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes. Then again, perhaps Psaki is right, and “people’s psychology” is to blame. (No, not really.)



Commentary:
Real leaders lead. Others blame all others for their faults, mistakes and failures. Our 46th president has proven that he is not and never has been a leader.
Progressive Marxist/DSA Democrat Leftists never accept the responsibility of their failures rather, they always point fingers at their rivals.
When people pay $4.50 at the pump, milk and beef prices double, they look at who in in The White House.
Or, more exactly who is asleep in The White House at noon and never seen on weekends except in their mansion in Delaware or their beach House.
During the year of the 46th president's tenure, each move that he has been made has turned to a self-made disaster for America. From the Keystone Pipeline shutdown, distribution of the Covid vaccines and the testing, to Foreign Policy missteps and disasters in Afghanistan, Iran, China, and now Russia.
Then there's the rampant inflation, Supply chain failure that came to light in November, his latest vaccine mandates that Americans are refusing. and now the 50% reduction in new employment projections.
As the authors have written. Don't look to Biden to accept responsibility for any of his decision in the above projects or situations, each of which have have failed measurably for America and Americans who are his victims.

The vegetable doesn't realize that finger he is pointing says he's #1 at creating inflation and that the three other fingers that are pointing back at him are spotlighting the person responsible. But we know the truth.

 

[Concerned American]

things are not as bad as you hoped they would be.

Yeah, I suppose things could be worse--we could be on the verge of WWIII---oh wait...

 

[BothWings]

I am 32 year veteran of the meat business. We all know prices have soared over the past year and there are apparent shortages of many items. What some people may not have noticed that those of us IN the business HAVE noticed...is how large some meat items are all of a sudden compared to a year ago (animals that aren't getting slaughtered in good time get BIG). That's because there is NOT a shortage, only businesses holding back to make it LOOK like a shortage so they can jack up the wholesales price...which is passed down to retail outlets and on to the consumer. It is literally a conspiracy between Big Business and Government to jack up prices.

There are also welfare recipients now with THOUSANDS of dollars in their accounts because they received massive handouts of OUR money. Now we have welfare recipients eating like gods while the rest of us may have to be more frugal. So basically:

1. A conspiracy to hold back supplies to create the illusion of shortage.
2. An increase in prices due to perceived shortage.
3. Welfare recipients given large sums of OUR money to pay for those higher prices.
4. This has become the new norm under Biden.

This is how globalists fuck with prices and get rich. Same with oil, food, or anything else people need.

 

[Concerned American]

I am 32 year veteran of the meat business. We all know prices have soared over the past year and there are apparent shortages of many items. What some people may not have noticed that those of us IN the business HAVE noticed...is how large some meat items are all of a sudden compared to a year ago (animals that aren't getting slaughtered in good time get BIG). That's because there is NOT a shortage, only businesses holding back to make it LOOK like a shortage so they can jack up the wholesales price...which is passed down to retail outlets and on to the consumer. It is literally a conspiracy between Big Business and Government to jack up prices.

There are also welfare recipients now with THOUSANDS of dollars in their accounts because they received massive handouts of OUR money. Now we have welfare recipients eating like gods while the rest of us may have to be more frugal. So basically:

1. A conspiracy to hold back supplies to create the illusion of shortage.
2. An increase in prices due to perceived shortage.
3. Welfare recipients given large sums of OUR money to pay for those higher prices.
4. This has become the new norm under Biden.

This is how globalists fuck with prices and get rich. Same with oil, food, or anything else people need.

All in the name of equity.

 

[Turtlesoup]

I paid $2.46 for gas the other day. Thread fail.

You lie all the time....cheap gas here is $3.35...........

 

[Turtlesoup]

I am 32 year veteran of the meat business. We all know prices have soared over the past year and there are apparent shortages of many items. What some people may not have noticed that those of us IN the business HAVE noticed...is how large some meat items are all of a sudden compared to a year ago (animals that aren't getting slaughtered in good time get BIG). That's because there is NOT a shortage, only businesses holding back to make it LOOK like a shortage so they can jack up the wholesales price...which is passed down to retail outlets and on to the consumer. It is literally a conspiracy between Big Business and Government to jack up prices.

There are also welfare recipients now with THOUSANDS of dollars in their accounts because they received massive handouts of OUR money. Now we have welfare recipients eating like gods while the rest of us may have to be more frugal. So basically:

1. A conspiracy to hold back supplies to create the illusion of shortage.
2. An increase in prices due to perceived shortage.
3. Welfare recipients given large sums of OUR money to pay for those higher prices.
4. This has become the new norm under Biden.

This is how globalists fuck with prices and get rich. Same with oil, food, or anything else people need.

Nonsense...I have a brother in law who works in a meat slaughter business (the only place that would take his criminal ass after he got out of prison)..........what most people should know

1) that our major slaughter houses are mostly owned by foreigners like Japan and China
2) That most of the workers inslaughter houses 99% are hispanic and many if not most are illegals
3) They are begging for workers----they have upped salaries massively and have overtime all over the place now--which is quit the opposite of the last few years. Covid running through the plants was one issue, paying people not to work was another

 

[iceberg]

President Biden is blaming everyone else for surging inflation ​

President Biden is blaming everyone else for surging inflation

The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes.

thehill.com

11 Jan 2022 ~~ By James Carter & Jeffery Schmidt
Americans paid more for everything this Christmas, from toys to turkeys. But this “Bah, humbug” reality didn’t start with the Christmas season. Only 1.4 percent when Joe Biden took the presidential oath last January, year-over-year inflation has come in at 5 percent or more for 7 consecutive months. We know inflation is a growing problem because President Biden has repeatedly gone out of his way to shift the blame away from his administration.
Anyone who fills up at a gas pump, for example, knows what a big bite increasing gas prices are taking. President Biden blames higher energy prices on oil and gas producers. As reported in November: “In a letter to FTC chairman Lina Kahn, Biden claimed ‘there is mounting evidence of anti-consumer behavior by oil and gas companies.’”
Having pledged during the campaign to eliminate fossil fuels from our energy future, the president’s hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices. And yet, President Biden won’t fess up about the effect his policies have had on energy prices.
~snip~
As Jennifer Stefano wrote for The Hill on November 23: “None of their [Democrats] tax-and-spend proposals will solve the root causes of price increases and shortages — they will only make them go from bad to worse. If Congress wants to continue devaluing the dollar and making Americans poorer, lawmakers should simply stay the course and do what the White House and Sen. Bernie Sanders (I-Vt.) are calling for — spend trillions of dollars in an already overheated economy.”
The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes. Then again, perhaps Psaki is right, and “people’s psychology” is to blame. (No, not really.)



Commentary:
Real leaders lead. Others blame all others for their faults, mistakes and failures. Our 46th president has proven that he is not and never has been a leader.
Progressive Marxist/DSA Democrat Leftists never accept the responsibility of their failures rather, they always point fingers at their rivals.
When people pay $4.50 at the pump, milk and beef prices double, they look at who in in The White House.
Or, more exactly who is asleep in The White House at noon and never seen on weekends except in their mansion in Delaware or their beach House.
During the year of the 46th president's tenure, each move that he has been made has turned to a self-made disaster for America. From the Keystone Pipeline shutdown, distribution of the Covid vaccines and the testing, to Foreign Policy missteps and disasters in Afghanistan, Iran, China, and now Russia.
Then there's the rampant inflation, Supply chain failure that came to light in November, his latest vaccine mandates that Americans are refusing. and now the 50% reduction in new employment projections.
As the authors have written. Don't look to Biden to accept responsibility for any of his decision in the above projects or situations, each of which have have failed measurably for America and Americans who are his victims.

feel free to show me many people on either side accepting responsibility.

that said, the left does seem to excel at everything being someone elses fault these days but they don't own that entire farm.